Dollar Declines as U.S. Adds Fewer Jobs, Euro Gains on Greece
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The dollar fell, reaching a one-month low against the yen, after a report showed U.S. employers in May added the fewest jobs in eight months, increasing concern the recovery is slowing.
The euro rose to a one-month high against the dollar as Greece’s government said a review of the country’s economic progress by the European Union, International Monetary Fund and European Central Bank concluded “positively.” The U.S. currency dropped to a record low against the Swiss franc as investors sought haven assets after the jobless rate unexpectedly rose to 9.1 percent.